Meridian, MS · Charter 15108
NCUA · 1 branch
Q4 2024
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2024, the quarter ended December 31, 2024, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Credit unions under $1B in assets (n=1,721 to 1,724). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
30
Asset Quality
22
Profitability
30
Liquidity
49
Efficiency
5
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Meridian, MS · Charter 15108
NCUA · 1 branch
Q4 2024
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Net Worth / Assets
Year to date, annualized, through each quarter.
| Metric | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.99% | 2.19% | 1.92% | 1.25% | 0.52% | 0.62% | 0.30% | -1.48% | -273 bps | |
| Return on Equity | 8.85% | 17.70% | 14.79% | 10.01% | 4.14% | 5.01% | 2.48% | -14.02% | -2,403 bps | |
| Net Interest Margin | 4.54% | 4.90% | 5.05% | 4.89% | 4.54% | 4.47% | 4.43% | 4.61% | -27 bps | |
| Efficiency Ratio | 85.01% | 69.32% | 72.97% | 78.57% | 85.18% | 87.82% | 87.65% | 108.43% | +2,986 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -2.61% | -4.78% | -3.85% | 1.65% | -0.37% | 5.56% | 9.54% | 2.36% | +71 bps | |
| Loan Growth (YoY) | 31.39% | 18.15% | 14.89% | 15.56% | 13.79% | 19.63% | 16.48% | 12.43% | -314 bps | |
| Share Growth (YoY) | -3.17% | -4.37% | -5.84% | -5.70% | -3.91% | -2.01% | 5.07% | 7.75% | +1,345 bps | |
| Asset Quality | ||||||||||
| Delinquent Loans / Loans | 2.16% | 3.13% | 3.00% | 1.12% | 0.72% | 1.21% | 1.36% | 1.54% | +41 bps | |
| Net Charge-Offs / Loans | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Allowance / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Capital | ||||||||||
| Risk-Based Capital | 11.25% | 12.35% | 13.00% | 12.46% | 12.54% | 12.30% | 12.09% | 10.58% | -189 bps | |
| Net Worth / Assets | 11.25% | 12.35% | 13.00% | 12.46% | 12.54% | 12.30% | 12.09% | 10.58% | -189 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Shares | 66.37% | 69.03% | 74.92% | 80.37% | 78.59% | 84.27% | 83.06% | 83.86% | +349 bps | |
| Liquid Assets / Assets | 98.27% | 0.00% | 0.00% | 98.49% | 0.00% | 0.00% | 0.00% | 0.00% | -9,849 bps | |
Meridian, MS · Charter 15108 · Peer group: credit unions under $1B in assets (n=1,721-1,724)
NCUA · 1 branch
Q4 2024
Return on Assets
-1.48%
Rank 1,674 of 1,724
Net Interest Margin
4.61%
Rank 286 of 1,723
Efficiency Ratio
108.43%
Rank 1,631 of 1,721
Equity / Assets
10.58%
Rank 1,214 of 1,723
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | -1.48% | 0.25% | 0.67% | 1.13% | Beats 3% | 1,674 / 1,724 | ||
| Return on Equity | -14.03% | 1.95% | 5.34% | 8.54% | Beats 3% | 1,676 / 1,723 | ||
| Net Interest Margin | 4.61% | 3.03% | 3.61% | 4.27% | Beats 83% | 286 / 1,723 | ||
| Efficiency Ratio | 108.43% | 69.84% | 78.36% | 87.50% | Beats 5% | 1,631 / 1,721 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 1.54% | 0.28% | 0.70% | 1.38% | Beats 22% | 1,342 / 1,721 | ||
| Net Charge-Offs / Loans | n/a | Not reported for this institution | ||||||
| Capital | ||||||||
| Tier 1 Capital Ratio | 10.58% | 10.16% | 12.41% | 16.03% | Beats 30% | 1,215 / 1,724 | ||
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution | ||||||
| Equity / Assets | 10.58% | 10.15% | 12.41% | 16.03% | Beats 30% | 1,214 / 1,723 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 83.86% | 55.95% | 72.66% | 85.34% | 72nd pctl | 477 / 1,722 | ||
| Loans / Assets | 72.47% | 47.91% | 62.00% | 72.82% | 74th pctl | 444 / 1,723 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||